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Strategies & Market Trends : Value Investing
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To: Steve168 who wrote (18872)3/13/2004 9:53:10 PM
From: Gulo  Read Replies (1) of 78497
 
FWIW, IMO you should sell when you think the price is fair or high on a value basis. There really is no way to know how far a stock will run on momentum alone, so it's impossible to give rules of thumb based on how far a stock has run. I have left a lot of money on the table with this advice, but I don't lose very much very often.
-g
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